Custom service meets the clinical needs of the residents. Standard systems help efficiency and financial performance. Makes sense. University of South Florida researchers issued an interesting study. Kong is the principal investigator for the study, “Service Chains’ Operational Strategies: Standardization or Customization? Evidence from the Nursing Home Industry.” The Manufacturing & Service Operations Management published
“The Linking Investors and Nursing Home Quality Act will ensure that there is transparency in who owns long-term care facilities, shed light on where taxpayer dollars are going, and ensure that nursing home residents and workers are protected.” –Rep. Jan Schakowsky said in a statement. The health news outlet STAT reported cagey nursing home corporate owners
Financial Exploitation NJ.com reported the tragic story of Suzanne Araneo. She lost everything to a nursing home. She returned from Anchor Care & Rehabilitation to an empty home. Everything she owned was subsequently stolen, sold off or just thrown away in the trash, all without her knowledge or consent. Araneo recalling the scene when she
Jean Greenwood shares her personal experiences with nursing home care pre and post-pandemic. Significant problems existed before and continue today. Greenwood emphasizes the importance of elder care since COVID-19. With family and loved ones at risk for COVID, staffing issues have lead to a crisis. Isolation and depression are indicators of neglect and abuse. It
President Joe Biden signed the Inflation Reduction Act into law. The cost of drugs will be capped at $2,000 per year for people on Medicare; and health care premiums will fall for many Americans. And it reduces the deficit! Biden passed the American Rescue Plan, the Bipartisan Infrastructure Law, the CHIPS and Science Act, and
Nursing home occupancy continues to climb from its pandemic low of 74% in the first quarter of 2021 to 79% currently. The upward trend in occupancy occurs in assisted living, home health services, and independent living. Mergers and acquisitions in the nursing home sector made up 40% of all senior care deals in June. Robert Applebaum,
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